Recent Comments

S.C. governor signs highway funding bill

| July 03, 2013

South Carolina Gov. Nikki Haley has signed into law a measure that earmarks an annual $91.4 million for transportation.

On June 24, the Republican governor signed H.3360, which stipulates the annual allotment. During the 2013-2014 fiscal year only, transportation could receive an additional $50 million if a surplus exists.

Haley said she was “troubled” the new law allows South Carolina’s Transportation Infrastructure Bank the power to prioritize projects from a list submitted by the state transportation department.

The legislation requires half of the motor vehicle sales tax be moved to the Highway Fund on a recurring basis, which will provide an estimated annual $41 million for infrastructure projects.

Big-Bore Engines Making Big Comeback. Don’t Compromise.

Notice: Overdrive is transitioning to a new comment platform due to technical problems with the former commenting system. The new commenting system is now live. We are currently in the process of moving all of the comments from the old system into the new system. We appreciate your patience in the meantime.